The Great Debate UK
from Hugo Dixon:
Athens has struggled to get its euro zone creditors to talk about debt relief. That is because it is not the most urgent issue facing Greece. A short-term cash crunch could trigger bankruptcy in the next few weeks. But if the negotiators resolve the immediate crisis – and the omens don’t look good - debt relief should come onto the table.
from The Great Debate:
The West has been unable to develop a coherent strategic policy toward Russia. There is little agreement on what Russia is and how to deal with it, too much speculation about what President Vladimir Putin will or will not do.
from Anatole Kaletsky:
For the past five years, Britain has been a haven of political and economic stability amid the turbulence in Europe. No longer.